$BTC reclaimed the 82,114 level by midday, up 1.88% in 24 hours. It caught the drop to 80,000 during the morning session.
A whale opened a $187 million long position with maximum leverage four hours ago, with $150 million riding on the $BTC side. Liquidation is at 80,634, almost exactly at a round number.
The U.S. Producer Price Index rose 6.3% year over year, its highest in four years. Warsh is also set to speak at the International Monetary Fund at 11:30. With rate-hike expectations looming, risk assets have bounced instead of crashing—a pretty unusual script.
If it holds above 82,000, there’s room to move higher. If it breaks below the 80,000 round-number mark, that morning long position will be buried.
#BTC午盘 #巨鲸多单 #QuantumThreatRaisedAgain
A whale opened a $187 million long position with maximum leverage four hours ago, with $150 million riding on the $BTC side. Liquidation is at 80,634, almost exactly at a round number.
The U.S. Producer Price Index rose 6.3% year over year, its highest in four years. Warsh is also set to speak at the International Monetary Fund at 11:30. With rate-hike expectations looming, risk assets have bounced instead of crashing—a pretty unusual script.
If it holds above 82,000, there’s room to move higher. If it breaks below the 80,000 round-number mark, that morning long position will be buried.
#BTC午盘 #巨鲸多单 #QuantumThreatRaisedAgain